Financial capacity increases for Student visas

From 10 May 2024, the amount of funds required for Student and Student Guardian visa eligibility is increasing

SaRa Migration Services

8/16/20241 min read

From 10 May 2024, the amount of funds the Student and Student Guardian visa applicant require will be increasing to ensure students are less likely to:

  • be in financial distress once in Australia

  • breach their visa conditions by working more hours than their visa conditions allow

  • be vulnerable to worker exploitation.

The table below shows the amount of funds required for the Student and Student Guardian visa applications after 10 May 2024.